Structured for success

Trak Global Group develops hardware & app-based connected vehicle data platforms for the high-growth usage-based insurance and mobility markets, utilised by some of the world’s leading businesses. Our capability spans product design through to data analytics, and our market-leading mobile app technologies mean our core Group companies are ideally placed to capitalise on the convergence of OEMs, insurers and consumers around both connected car and new usage-based mobility models.

IMS (Intelligent Mechatronic Systems Inc.), headquartered in Waterloo, Ontario, is a leading connected car solutions provider delivering technology services and data analytics to insurers, along with governments and other enterprises.

Our innovation hub, Trak Labs, supports our Group companies and is dedicated to incubating both our own IP and collaborating with other organisations, from start-ups to government bodies. The wide range of services on offer to our corporate partners includes anything from market research, proposition development and product design, to UX/UI design, prototyping and data analytics.

DRIVESYNC® - OUR CONNECTED DATA PLATFORM

Our DriveSync® platform powers a wide range of connected vehicle applications, including personal and commercial usage-based insurance, learner driver coaching, distracted driving detection, driving behavior modification, vehicle prognostics, dealership telematics, and dynamic road charging services. These services are configured and deployed using the same flexible, modular, and adaptive framework. All leverage machine-learning to ensure the platform seamlessly adapts after deployment to meet the diverse and growing needs of drivers, their families, insurance carriers, fleets and everyone reliant on modern transportation networks and infrastructure.

Internet of Mobility (IoM) Platform

INNOVATION THROUGH REAL-WORLD EXPERIENCE: OUR BRANDS

Launched by Trak Global Group in 2012, Carrot is a pioneering, award-winning provider of usage-based insurance (UBI) in the UK and Canada, offering products that utilise both Trak Global Group’s ‘black box’ and smartphone app technologies to monitor and reward the behaviour of inexperienced drivers. Recognised with a Prince Michael International Road Safety Award in 2015 for reducing young driver accident frequency by 42%, it has also become the model by which insurers are now able to underwrite traditionally challenging markets more profitably.

Appy Fleet, launched in 2015, is a free to install app designed to cut operating costs and reduce insurance premiums for vehicle fleets and business drivers around the globe. Drivers can download the app in seconds and use all the trip scoring and mileage expense features for free, while managers can use the Appy Fleet Manager portal to monitor and manage the behaviour of their workforce behind the wheel. The app uses a 'Bluetooth Handshake' association process between drivers and their vehicles, patented by IMS, to provide accurate, efficient journey start/stop capture and driver ID.

Insight, expertise & capability across the telematics value chain

We’ve been creating results-driven telematics solutions for the insurance, fleet, rental and automotive industries since 2009. Because our Group touches every part of the UBI and fleet telematics value chain, we’re uniquely equipped with a real breadth and depth of insight based on practical, real-world experience and results. Every solution and project is devised by a multi-disciplinary team of collaborative experts who blend intelligence, insight and inspiration to create revolutionary outcomes. Examples have included the management of risk on behalf of major insurers, as well as delivering award winning customer experiences for young motorists.

A selection of our partners

Latest News & Media

The newly expanded Group will connect over half a million vehicles, have revenues of over $50m and employ around 300 people, a third of whom are based in North America. The move will also see the Group realign all its international activities within connected insurance under the IMS brand, and its services to the mobility market under the Trak Global brand.